Recent Projects

Walker Mill Centre

Shopping Center

Project Information:

Factual Data: 40,000 sq.ft.; 3,000 sq.ft. fast food pad, developed by Addison Retail, LLC including Ernest Marcus as co-managing member.

  • Acquisition financing remaining
  • Turnaround retail project with extensive bad debt, vacancies, crime, poor tenant mix
  • Active engagement with tenants to improve joint marketing
  • Extensive negotiation with tenants who were delinquent to relocate or negotiate new terms.
  • Re-tenanting effort including installation of national tenants and medical clinic. Case-by-case strategies ongoing to optimize center’s operations.
  • Intensive management of physical plant to improve appearance